The National Investment Center for Seniors Housing & Care (NIC) is forging ahead, going deeper on data than ever before and introducing new educational and research initiatives amid a “great transformation” underway in the senior living industry, NIC President and CEO Ray Braun said Wednesday at the organization’s spring conference in San Diego. “We need […]
Category: Nursing Homes
Average annual rates for assisted living residents surpassed $51,000 per year in 2021, with New Jersey ranking as the most expensive state for those services. That’s according to Lincoln Financial’s (NYSE: LNC) annual What Care Costs study. The survey, released earlier this year, shows that the cost of senior care services are steadily rising. On […]
By Amy Stulick The Biden administration on Monday unveiled a sweeping set of proposed nursing home reforms, taking particular aim at private equity ownership. While private-pay senior living providers have expressed some concern about the potential for greater federal regulation in the aftermath of the Covid-19 pandemic, the White House has focused its attention first […]
Senior living providers across the United States have begun relaxing their visitation policies in recent weeks, as Covid-19 vaccination has brought down the risk of infections. Now, the Centers for Medicare & Medicaid Services (CMS) has relaxed its guidance governing visitation in nursing homes, further accelerating a return to more normal operating procedures in senior […]
Hospitals across the United States are taking urgent steps to free up beds for people with Covid-19. The result could be a cascade of patients through the health care continuum, which would ultimately drive move-ins to assisted living communities and could disrupt their business model in potentially lasting ways. The scenario taking shape is that […]
Patients and visitors might not immediately realize that Premier Place — a post-acute and skilled nursing center in Naples, Florida — is part of the adjacent Glenview at Pelican Bay retirement community. That’s because Premier Place has a brand identity of its own, with a distinctive look and feel, thanks to a recent comprehensive renovation. […]
Standard & Poor’s is contemplating a downgrade of ProMedica Health Systems’ credit rating, in light of the nonprofit’s acquisition of struggling skilled nursing giant HCR ManorCare. That transaction—a joint venture with real estate investment trust Welltower (NYSE: WELL)—closed last week. While asserting that the non-profit health system still has an A+ rating for its long-term […]
Following the deaths of 13 skilled nursing residents in Florida due to a power outage following Hurricane Irma, two Florida lawmakers have introduced legislation to prevent those types of deaths — while also using the bills as an opportunity to pursue a “granny cam” law. Rep. Katie Edwards (D-Plantation) and Sen. Gary Farmer (D-Fort Lauderdale) […]
Seniors looking to stay in tip-top shape might want to consider moving to communities in the Midwest, the Southwest, or on a tropical island. That’s because the healthiest three states in the union are Minnesota, Utah, and Hawaii, according to the 2017 America’s Health Rankings Senior Report from the United Health Foundation, a private nonprofit […]
The majority of high-quality nursing homes can be found in California, Ohio, and Florida, while the greatest percentages of the best nursing homes are located in Washington, D.C., Colorado, and Delaware, according to rankings from U.S. News & World Report. More than 2,000 nursing homes earned the distinction of a U.S. News & World Report […]
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